AFRICAN NEWS |

Pernod Ricard launches Seagram’s Imperial Blue whisky into the Ghanaian Market

14 Oct 2019

GHANA - Pernod Ricard Ghana has added Seagram’s Imperial Blue whisky to its portfolio, as part of the beverage giant's ambitions of becoming the leader in the mainstream spirits market...

Nestle Nigeria headquarters reopened after agreement to pay disputed lottery fees

14 Oct 2019

NIGERIA - The federal government of Nigeria through the National Lottery Regulatory Commission (NLRC) has unsealed Nestlé Nigeria Plc headquarters, which was recently shut for alleged breach of National Lottery...

Simbisa Brands full year profits increases 134% amid economic hardships

12 Oct 2019

ZIMBABWE - Zimbabwe’s Quick service restaurant (QSR) group, Simbisa Brands Limited’s profit for the year ended June 30, 2019 jumped by 134% to US$32 million despite a decline in total...

Liberia Agricultural Commodity Regulatory Authority revises cocoa regulations

12 Oct 2019

LIBERIA - The Liberia Agricultural Commodities Regulatory Authority (LACRA) has revised the cocoa regulations governing the sector to suit local exporters. This follows the Senate issuing a directive to the...

Nigerian Breweries to undertake major expansion project at Enugu Brewery

12 Oct 2019

NIGERIA - Nigerian Breweries Plc has concluded plans of expanding its operational capacity in Enugu State through the introduction of a multi-million US dollars business project awaiting its board approval....

Zeder shareholders to rip big upon completion of Pioneer Foods buyout

11 Oct 2019

SOUTH AFRICA - Agribusiness and food-focused investment group Zeder expecting subdued value growth in the rest of its financial year, is set to return capital to shareholders and invest in...

Danish Crown appoints Thomas Ahle as new chief financial officer

14 Oct 2019

DENMARK - The European meat cooperative, Danish Crown has appointed Thomas Ahle as the company’s new chief financial officer (CFO), effective February 2020. Thomas will take over from the Preben...

Clearly Drinks invests in UK flavored water brand Revolution Waves

14 Oct 2019

UK – Clearly drinks, a Sunderland based soft drink manufacturer has invested an undisclosed amount in flavored water brand Revilution Waves, reports Insider. Revolution Waves was established in 2017 by...

M&S announces four new senior appointments to strengthen its food business

14 Oct 2019

UK – Mark & Spenser (M&S) has announced four new senior appointments as the British retailer moves to reinforce its food division ahead of the online joint venture with Ocado...

Australian packaging firm Orora to sell its fibre business for US$1.15bn

14 Oct 2019

AUSTRALIA - Orora Ltd, an Australian packaging maker has agreed to sell its local fibre materials business to Japan’s Nippon Paper Industries for A$1.72 billion (US$1.15 billion). The sale of...

Arla Foods appoints two external advisors to its board of directors

14 Oct 2019

NEW ZEALAND - Arla Foods has announced the appointment of Florence Rollet and Nana Bule as external advisors to its board of directors. Arla said that Florence and Bule will...

Uber to acquire Latin American online grocery delivery service Cornershop

12 Oct 2019

CHILE – Uber Technologies has announced that it has agreed to acquire a majority stake in a Latin American online grocery provider Cornershop which has operation in Mexico, Chile and...